JSW Steel
CMP 187
- trading near Channel support
- if broken then next support at 178-175 zone & major support 168-166 zone
- resistance at 196 / 202 / 208
Given the set up one may consider selling 170 Put option between 5-5.5 ( CMP at 5.20)
Lot size 2700
Max profit potential Rs 13500 - Rs 14850/-
Yield potential 10% - 11% on capital
Loss if JSW steel closes below 165-164.50 on 30 July
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 187
- trading near Channel support
- if broken then next support at 178-175 zone & major support 168-166 zone
- resistance at 196 / 202 / 208
Given the set up one may consider selling 170 Put option between 5-5.5 ( CMP at 5.20)
Lot size 2700
Max profit potential Rs 13500 - Rs 14850/-
Yield potential 10% - 11% on capital
Loss if JSW steel closes below 165-164.50 on 30 July
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade closed: target reached
Target achieved170 Put option CMP 1.6 ( recommended sell at 5.2)
Book profits
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.